Doug has made insurance worse, again

Evoex said:
How are you going to calculate risk/payout for someone driving a civic then jumps into a ferrari and totals it?
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The same way they do now when I borrow your Jag.

If I own them both then my insurance assumes I'm only driving the most expensive one.
 
timtune said:
The same way they do now when I borrow your Jag.

If I own them both then my insurance assumes I'm only driving the most expensive one.
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Right now insurance follows the vehicle. If you crash it, I pay.

They are proposing insurance follows the person. If you crash it, you pay?
 
Evoex said:
yikes
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Exactly. It will just be like the way they push financing - the lower advertised price is based on you using their financing that they also make money on. Want to pay cash or use another financing company, then the vehicle price goes up! I see this at a lot of used vehicle dealers, not sure if the same applies to new.
 
Relax said:
Exactly. It will just be like the way they push financing - the lower advertised price is based on you using their financing that they also make money on. Want to pay cash or use another financing company, then the vehicle price goes up! I see this at a lot of used vehicle dealers, not sure if the same applies to new.
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Before Covid, I was looking at a used truck.
The no-name dealer lowballed on the price then wanted $650 for the safety, I said pardon ???
Guess what, I walked.
 
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